1-bed · 476 sqftCollective Tower 1, Dubai Hills Estate · 4th floor · completed 2022

417, Collective Tower 1

Sold prices and rental history: sold 3 times, last in October 2023, and rented once, from May 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 26 October 2023
Last soldAED 1.13M26 October 2023
Current rentAED 42K /yr30 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 417, Collective Tower 1

What is 417 worth today?

Last sold for AED 1,125,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Oct 2023SoldReady
AED 1,125,000AED 2,361 per sqft
4 Nov 2022SoldReady
AED 870,000AED 1,826 per sqft
30 May 2022RentedNew contract
AED 42,000/yr12 months · AED 89 per sqft
18 Jun 2019Sold by developerOff-plan
AED 676,888AED 1,421 per sqft

Source: Dubai Land Department. Updated 26 October 2023.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
4th of 16
Parking
B1-202
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.13M · October 2023

About 417, Collective Tower 1

417 is a one-bedroom apartment of 476 sqft on the 4th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 26 October 2023 for AED 1,125,000, or AED 2,361 per sqft, 29% above the AED 1,837 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 May 2022. The current contract, signed on 30 May 2022, is AED 42,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 1,300 a year.

Sales and rents for 417 over time

Sales
Unit 417, each saleTypical one-bed in Collective Tower 1
1M2018202120242027Typical sale price by year: 2018 AED 699,388; 2019 AED 688,888; 2020 AED 771,860; 2021 AED 660,000; 2022 AED 780,000; 2023 AED 1,025,000; 2024 AED 1,250,000; 2025 AED 1,275,000; 2026 AED 1,205,000Sold by developer, June 2019: AED 676,888 (AED 1,421 per sqft)Sold, November 2022: AED 870,000 (AED 1,826 per sqft)Sold, October 2023: AED 1,125,000 (AED 2,361 per sqft)

417 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 417, each contractTypical one-bed in Collective Tower 1
40K60K80K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 65,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 78,000New contract, May 2022: AED 42,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Collective Tower 1, and where 417 sits

All 121 1-beds →

417 last sold in October 2023 at AED 2,361 per sqft, 29% above what one-beds in Collective Tower 1 were fetching at the time (AED 1,837). Over the last 12 months one-beds sold for AED 1,000,000 to 1,340,000, around AED 2,538 per sqft, and rent for AED 54,240 to 107,000 a year. 417's AED 42,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Aug 202693,190
4 Jul 20261,170,000
6 May 20261,100,000
29 Apr 20261,050,000
10 1-bed sales in the last 12 months

Collective Tower 1

Building

249 apartments, 1-bed to 2-bed over 16 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 25 sold in the last 12 months.

Typical price per sqft
AED 2,385 Down 3.4%
Typical sale
AED 1.35M
Typical rent
AED 90K /yr
Typical yield
6.5%
Collective Tower 1, Dubai Hills Estate: prices, sales and rents →

Other units on the 4th floor

All 249 units in Collective Tower 1
Value
4012-bedAED 1.04M · May 2019
4022-bedAED 1.7M · Sep 2025
4032-bedAED 1.01M · May 2019
4041-bedAED 694K · Mar 2019
4052-bedAED 1.04M · Dec 2018
4062-bedAED 998K · Mar 2019
4071-bedAED 677K · Feb 2019
1–7 of 19

417, Collective Tower 1 in numbers

  • Sold 3 times: first on 18 June 2019 for AED 676,888, last on 26 October 2023 for AED 1,125,000 (AED 2,361 per sqft).
  • Rented since May 2022 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 1,300 a year (AED 2.70 per sqft).
  • One-beds in Collective Tower 1 sold for AED 1,000,000–1,340,000 in the 12 months to November 2026; the building's median across all types is AED 2,385 per sqft.

Source: Dubai Land Department. Updated 26 October 2023.

Questions about 417, Collective Tower 1

What did unit 417 last sell for?

AED 1,125,000 on 26 October 2023: AED 2,361 per sqft for 476 sqft. The unit has 3 registered sales; the first was AED 676,888 in June 2019.

What is the rent for unit 417?

AED 42,000 a year on the contract signed on 30 May 2022.

How big is unit 417?

476 sqft (44.2 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2022.

What is unit 417 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Collective Tower 1 sold for AED 1,000,000 to 1,340,000 in the last 12 months, around AED 2,538 per sqft.

Selling 417? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 417, Collective Tower 1

Starts from the last sale price (AED 1.13M, 26 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →